Announced
Financials
Tags
insurance agency
Acquisition
Friendly
United States
Majority
Single Bidder
Insurance Brokers
Private
Pending
Synopsis
USI Insurance, a provider of insurance brokerage and risk management, agreed to acquire Alfred J. Davis Company, a Portland, Oregon-based insurance agency. Financial terms were not disclosed. “Since our founding, it has been our mission to provide our clients with exceptional service and personalized coverage solutions. With this acquisition, our valued clients will continue to enjoy the exceptional service they have come to expect from our agency, along with expanded access to USI's best-in-class solutions, customized through proprietary analytics, local and national resources, and team-based planning. We look forward to helping expand USI's footprint in Oregon and the greater Northwest region.” Dick Davis, Alfred J. Davis Company President.
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